Dubai is known for its tourism facilities, luxury lifestyle, exceptional shopping experience and world class hotels. The city has a strong global reach with many international travelers coming in for business or leisure. Dubai is also home to many travel agencies, catering to the needs of its residents and visitors. Setting up a travel or tourism license would be a great decision. For a better understanding of Dubai market and tourism sector this article will help you.
Scope of travel & tourism sector in Dubai
While we discussing about travel and tourism sector scope in UAE, we bring few statics which could help you to understand the market scope.
- Revenue in the Travel & Tourism market is projected to reach US$1,093.00m in 2022.
- Revenue is expected to show an annual growth rate (CAGR 2022-2027) of 7.50%, resulting in a projected market volume of US$1,569.00m by 2027.
- The market’s largest segment is Package Holidays with a projected market volume of US$411.90m in 2022.
- In the Vacation Rentals, the number of users is expected to amount to 2.2m users by 2027.
- User penetration is 25.4% in 2022 and is expected to hit 30.7% by 2027.
- The average revenue per user (ARPU) is expected to amount to US$427.60.
How to Register travel & tourism license in Dubai Mainland
Starting up a new travel agency or tourism license in Dubai has been quite easy these days. The Dubai Department of Tourism & Commerce Marketing is the authority for approval and monitor travel related activity & business. But, in recent years they have make it easy to obtain a travel agency or tourism license in Dubai.
We can classify the travel and tourism license mainly in three categories as below:
Inbound Tour Operator: This type of license mainly used to serve the visitors and residents only inside the UAE; like event ticketing, visa services, city transportation services and hotel booking etc.
Outbound Tour Operator: this license will be allowed to market and sell tourism packages and services outside the UAE. this could be done using online or digital platforms, as well as they can also sell these services by business partners.
Travel Agency License: travel agency license enable your business to make booking on behalf of their clients, it could be individual customer or a business looking for air ticket, train ticket hotel booking etc.
Required documents to get a tourism license in Dubai, UAE
Once you have decided on the type of license you want to get for your business, gather the following documents to get your Dubai tourism license seamlessly;
- Completed Tourism License Application form
- Copies of valid passports of the applicants
- Certification of work qualification/bonafied by the manager
- Certificate of the good conduct of the owner/Proof of clean criminal record
- Detailed project report that highlights economical & technical feasibility of the project
- No Objection letter issued by Civil Aviation Authority
Conditions of License Issuance to keep in Mind
Keep the following conditions pertaining to business structure, personnel qualification and operations in mind;
- Travel agency must be an LLC where 49% shares are owned by the foreign national, and 51% by a Local Sponsor.
- The manager of the company must have at least 3 years of managing a travel/tourism/hospitality business.
- Once the license is received, you must register it with Dubai Chamber for issuance of ‘Dubai Chamber Certificate.’ This certificate is necessary for registration of your firm with various govt. departments and business expansion to other emirates.
How to get a tourism business license in Dubai
While you can always take the conventional approach and apply for a tourism license yourself, it, may get confusing and time consuming. A super convenient way would be to start your tourism business in Dubai with Najmat Alsafa Business Setup.
At Najmat Alsafa Business Setup we offer hassle free business setup consulting services in the UAE. With us you will be able to get your license in the earliest possible timeframe with least effort. No just that, professional business setup consultants also offer services like providing Local Sponsor for companies who remain dummy partners for the sake of compliance.
To expand your brand or kick start your tourism business in Dubai speak to our expert for FREE! You can book free appointment.